QUALITY OFFICE SYSTEMS Adjusted Trial Balance March 31, 2018 Debit Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Notes Payable, long-term Mumford, Capital Mumford, Withdrawals Sales Revenue Cost of Goods Sold Selling Expense Administrative Expense Interest Expense Total Balance $ 3,700 13,300 31,500 6,300 42,900 41,500 107,550 27,400 14,200 2,800 $ 291,150 Credit $ 13,900 9,200 800 8,600 22,950 235,700 $ 291,150 E5-25 Preparing a multi-step income statement Prepare Quality Office's multi-step income statement for the year ended March 31, 2018. Gross Profit $128,150